Convert MAD to INR — live rate

Convert Moroccan Dirhams to Indian Rupees and compare the real cost of sending money.

MAD
INR
1 MAD = 9.8712 INR Mid-market rate
Updated just now
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Historical MAD/INR exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to INR

1 MAD 9.87 INR
5 MAD 49.36 INR
10 MAD 98.71 INR
50 MAD 493.56 INR
100 MAD 987.12 INR
500 MAD 4,935.62 INR
1,000 MAD 9,871.23 INR
5,000 MAD 49,356.15 INR

Real cost of MAD → INR

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD
INR — Indian Rupee
ISO Code INR
Symbol
Central Bank Reserve Bank of India
Common Notes ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000
Learn more about INR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.